About Tervela
Tervela is a company based in Boston (United States) founded in 2004 was acquired by Box in February 2021.. Tervela has raised $60.2 million across 4 funding rounds from investors including Box, Goldman Sachs and North Hill Ventures. The company has 21 employees as of December 31, 2022. Tervela operates in a competitive market with competitors including Skytap, Smarsh, Dropsuite, Atempo and Rewind, among others.
- Headquarter Boston, United States
- Employees 21 as on 31 Dec, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Tervela, Inc.
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Funding Insights of Tervela
Tervela has successfully raised a total of $60.2M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $18 million completed in September 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series D — $18.0M
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First Round
First Round
(01 Dec 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2009 | Amount | Series D - Tervela | Valuation | Goldman Sachs , North Hill Ventures |
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| Dec, 2007 | Amount | Series C - Tervela | Valuation |
investors |
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| Jan, 2006 | Amount | Series B - Tervela | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tervela
Tervela has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Box, Goldman Sachs and North Hill Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Investment services are offered by North Hill Ventures in fintech.
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in US companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tervela
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tervela
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tervela Comparisons
Competitors of Tervela
Tervela operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Skytap, Smarsh, Dropsuite, Atempo and Rewind, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based environments are delivered for application development and testing.
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| domain | founded_year | HQ Location |
Compliance management solutions for financial institutions' communications are provided.
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| domain | founded_year | HQ Location |
Back up products
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| domain | founded_year | HQ Location |
Cloud-based backup and recovery solutions are offered for data protection.
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| domain | founded_year | HQ Location |
Enterprise data backup is managed via cloud-based software.
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| domain | founded_year | HQ Location |
Cloud storage and secure backup solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tervela
Frequently Asked Questions about Tervela
When was Tervela founded?
Tervela was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is Tervela located?
Tervela is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Tervela a funded company?
Tervela is a funded company, having raised a total of $60.2M across 4 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Dec 01, 2005.
How many employees does Tervela have?
As of Dec 31, 2022, the latest employee count at Tervela is 21.
What does Tervela do?
Tervela was founded in 2004 in Boston, United States, focusing on data management technologies. Products such as CloudFastPath are utilized for automated file migration, synchronization, and cloud backups. Data Fabric is employed to capture information from large-scale sources and distribute it via web platforms for downstream use. NetCharts supports visualization through dashboards. Clients including 3DResults, ACG, Bank of America, and Credo are served in the technology sector.
Who are the top competitors of Tervela?
Who are Tervela's investors?
Tervela has 4 investors. Key investors include Box, Goldman Sachs, North Hill Ventures, and Sigma Prime Ventures.
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